Code of Federal Regulations · Section
§ 1408.15 — Credit Report
12 C.F.R. § 1408.15
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In order to aid the Corporation in making appropriate determinations regarding the collection and compromise of claims; the collection of charges for interest, administrative costs, and penalties; the use of administrative offset; the use of other collection methods; and the likelihood of collecting the claim, the Corporation may institute, consistent with the provisions of the Fair Credit Reporting Act (15 U.S.C. 1681, et seq.), a credit investigation of the debtor immediately following a determination that the claim exists.
Authorizing Statute
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Congressional findings and statement of purpose15 U.S.C. § 1681
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Installment deduction for indebtedness to the United States5 U.S.C. § 5514